Nevada Administrator of a deceased's estate

Nevada Administrator of Estate Surety Bond amount is set by the court and is based on the value of the estate

Administrator and Executor bonds (also called Probate Bonds) are required by county courts in Nevada of persons appointed to handle a deceased's estate. These bonds generally guarantee that all the estate debts will be satisfied and that the remaining assets will be properly distributed to the appropriate heirs. Because of the complexities involved, the surety usually requires that the applicant obtain the assistance of an attorney, although we do have markets that will consider bonds for qualified applicants without an attorney. Bond amounts are determined by the court. Bond premiums must be paid annually until the estate is properly settled.

Executor Bond - Required when the deceased left a Will and named someone in the Will to serve as executor. The surety will usually want to see a copy of the Will to determine to complexity of handling the estate in Nevada.

Administrator Bond - Required when the deceased died intestate (without a Will). The court will usually appoint one of the primary heirs to serve in this capacity. Assets should be dispursed in accordance with the state's laws in Nevada.

Trustee Bond - Usually required when a deceased leaves a Will and designates to leave some assets "in trust" to a beneficiary. In all cases, the surety must review a copy of the Trust.

Sample Probate Bond Pricing in Nevada:In addition to the applicants credit report, there are many other factors that are taken into consideration when pricing Administrator bonds in Nevada. We provide the examples below to give you an idea of what qualified applicants should expect to pay. We find the best possible price for your surety bond given your particular qualifications.

Bond Amount

Cost

$10,000

$100

$25,000

$135

$50,000

$260

$100,000

$460

$200,000

$860

$500,000

$1,610

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Here’s How it Works:

The driest state in the U.S., receiving less than 7 inches of rain a year, is Nevada. The state is more popularly known for its more famous city, Las Vegas. Before 1931, gambling was illegal in the state. Imagine Vegas with no casinos!

Now Nevada is home to over 200,000 slot machines and is known as the "gambling and entertainment capital" of the United States. However, the state is not just centered around gambling. More than 80 percent of its land is owned by the federal government and is the site for many scientific and military tests.

Area 51, the most top secret government facility in the country, is located in Nevada. The state is also the third largest producer of gold in the world and a nation-wide leader in the production of silver.

Though it is one of the hottest states, The Sierra Nevada mountains have snow for over half of the year. Nevada also has the most mountain ranges of any other state and has the 9th highest mountain in the U.S.

The town of Las Vegas has more hotels than any other place one earth, with many of them being the largest in the world as well. The town is also known for its wedding chapels. There are themed chapels, 10 minutes wedding chapels, and even drive-through chapels. Approximately 150 couples get married in the city every day.